News

Shareholder approval has been received by Canadian Lencourt Mines for the acquisition of Explorco Properties, a private company holding mineral assets. Canadian Lencourt, which is operated and control…

A new gold-bearing zone has been discovered on the large property held by Highland-Crow Resources. Located northeast of Pickle Lake, Ont., the property includes the former producing Patricia Crow mine…

Ernest Haigh, a mine accountant who worked in mines across Canada from British Columbia to Newfoundland, as well as in the Yukon and the Northwest Territories, has died in Oakville, Ont., at the age o…

Gunnar Gold Inc. says an agreement has been entered into with Dassen Gold Resources for an option to earn an undivided 50% working interest in the Normetal South property located in Desmeloizes and Cl…

A powerful price surge both north and south of the border has made it a banner week for investors. With a blockbuster gain of 104.59 pts over the reporting period, the widely followed composite 300 ha…

An initial ore reserve figure of 7.8 million tons grading an average of 0.187 oz gold per ton has been established by Lac Minerals from a new zone near the eastern boundary of its Bousquet property in…

Excessive debt is being cited once again as the reason behind losses at Eldorado Nuclear Ltd. The big uranium miner and nuclear fuels manufacturer reported a loss of $12.7 million on revenues of $69.7…

The Chamber of Mineral Resources of Nova Scotia will hold its annual meeting on Feb 5 and 6 at the Lord Nelson Hotel in Halifax. There will be an opening reception on Thursday evening Feb 5 with the a…

A $9.8-million exploration program, most of it earmarked for underground work, is scheduled by Belmoral Mines over the next 14 months for the area between the old Reef and Hallnor mines in Timmins, gr…

Toronto mining analyst Edward Thompson has been appointed president and chief executive officer of Mingold Resources. The newly formed company is equally owned by a subsidiary of Inspiration Resources…

Royex Gold Mining has apparently given up its intention of accumulating a 50% interest in Canadian Premium Resource Corp. as a means of gaining a stake in northern Saskatchewan’s Jolu gold property an…

With plans of a drilling program this year Camreco Inc. is going “to try to make something out of” the Goldlund Mines’ mining and milling operation on 83 contiguous claims near Sioux Lookout in northw…